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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (9152)2/12/2000 2:23:00 PM
From: Lucretius  Read Replies (1) | Respond to of 42523
 
gold is rallying in every currency. gold looks better in other currencies than in the dollar in fact. the whole system is based on the dollar as a reserve currency.. when the buck goes.. it ALL goes... BUT you can expect entities like the ECB to eventually tie to gold and their currency will strengthen. ECB carries its gold reserves as fre floating w/ the POG so the euro could actually hold up rather well.


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